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Investment signal

$494,000

139 BALSAM Avenue S

Save this home

Beds

5

Baths

3 full + 1 half

Sqft

Year

1899

Type

Single Family

Suite

Investment signal

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Hamilton. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Charming and Versatile Home with Ample Living Space. Discover this unique and versatile 2.5-storey home that perfectly blends comfort, convenience, and style. Growing family? Need space for extended family members? Looking for an investment opportunity? This property has it all! This lovely home offers expansive living space, maximizing square footage for family living or creative uses such as a home office, guest room, or recreational area. Carpet free with a combination of quality laminate and ceramic flooring is easy to maintain, perfect for allergy suffers, and provides a modern and durable surface that withstands daily wear and tear. The covered porch provides a relaxing outdoor space that can be enjoyed year-round, sheltered from the elements, and perfect for morning coffee or evening relaxation. Parking is only a few short steps away from the entrance providing convenient access to the home, making unloading groceries or managing everyday tasks more efficient and hassle-free. And the backyard is fully fenced offering a safe and private outdoor space for children and pets to play, as well as an outdoor space for entertaining guests. Location location location…grocery, financial, electronics, health & beauty, fashion and more are less than a 10-minute drive away at The Centre on Barton. Any medical needs are only a 2-minute drive to St. Peters Hospital. And Gage Park is a short walk away and offers a variety of outdoor leisure opportunities. Add this to your favorites AND check it out! (id:65958)

Subtype
Single Family
Structure
House
Community
220 - St. Clair/Blakeley
Common interest
Freehold
Living area
2,178 square feet
Bedrooms
4 above grade, 1 below grade
Parking
2 total
Stories
2.5
On market
Jan 20, 2026
Status changed
Apr 23, 2026
Annual tax
$4,756.59
Zoning
R1A
Photos
29
MLS#
40785420
Area
HAMILTON

Features and systems

Basement

Partially finishedFull

Heating

Forced airNatural gas

Cooling

None

Exterior

Brick

Foundation

Unknown

Community

Quiet Area
Positive cash flow ~$209/mo at these assumptions

Cash on cash

2.53%

Cap rate

5.37%

GRM

12.5

Break-even rent

$3,080

Financing

Down payment$98,800
Loan amount$395,200
Mortgage$2,002/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$226
Insurance$80
Maintenance$412
CapEx reserve$206
Vacancy loss$165

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $2,002/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 23, 2026.

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